Dropbox 10 – Legal

142. Intoxication. After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for one hundred dollars. The next day, Kira offered one hundred dollars to Charlotte for the return of the necklace. Charlotte refused to accept the offer, claiming that she and Kira had a valid contract of sale. Kira explained that she had been intoxicated at the time the bargain was made and thus the contract was voidable at her option. Was Kira correct? Explain. (See Contractual Capacity.)

161. The One-Year Rule. On May 1, by telephone, Yu offers to hire Benson to perform personal services. On May 5, Benson returns Yus call and accepts the offer. Discuss fully whether this contract falls under the Statute of Frauds in the following circumstances: (See Contracts That Require a Writing.) (a) The contract calls for Benson to be employed for one year, with the right to begin performance immediately. (b) The contract calls for Benson to be employed for nine months, with performance to begin on September 1. (c) The contract calls for Benson to submit a written research report, with a deadline of two years for submission.